Cisco Acquires Composite Software for $180,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=378225ab-a91a-4ba3-ae57-db13d85c74af&Preview=1
Date
6/20/2013
Company Name
Composite Software
Mailing Address
2655 Campus Drive San Mateo, CA 94403
Company Description
The company develops and markets secure enterprise information integration solutions.
Website
http://www.compositesw.com
Transaction Type
M&A
Transaction Amount
$180,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Under the terms of the agreement, Cisco will pay approximately $180 million in cash and retention-based incentives in exchange for all shares of Composite.